Read more lending practices stories on Newserhttp://www.newser.com/taggrid/18643/lending-practices.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 8:38:40 CSThttp://www.newser.com/story/72023/in-switch-real-economy-hits-big-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThose concerned about the nation’s banks should forget about the “softly, softly policy” of the Obama administration that has allowed Goldman Sachs to go back to business as usual in spectacular fashion. The real problem, Paul Krugman writes, is banks like Citi and Bank of America that are still floundering...http://www.newser.com/story/72023/in-switch-real-economy-hits-big-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 19 Oct 2009 9:49:00 CDThttp://www.newser.com/story/67813/bernankes-next-challenge-undoing-his-own-work.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIn his first term as Fed chairman, Ben Bernanke played the role of savior, lending hundreds of billions to banks and businesses, backing the mortgage market, and cutting interest rates. In his second, Bernanke will have to turn “strict disciplinarian,” reversing earlier moves to respond to a massive deficit, writes...http://www.newser.com/story/67813/bernankes-next-challenge-undoing-his-own-work.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 26 Aug 2009 9:22:25 CDThttp://www.newser.com/story/65381/risk-aversion-keeps-loans-shrinking.html?utm_source=syn&utm_medium=rss&utm_campaign=tagLending is still on the downswing, the Wall Street Journal finds, as an analysis of 15 banks' total loans on offer in the second quarter shows another 2.8% decline. What's worse, more than half of April and May’s loan volume was tied to refinanced mortgages and renewed credit rather...http://www.newser.com/story/65381/risk-aversion-keeps-loans-shrinking.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 27 Jul 2009 10:34:00 CDThttp://www.newser.com/story/57698/house-approves-credit-card-reform.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe House today approved legislation to protect credit card holders from hidden fees and sudden rate hikes, Reuters reports. Legislators voted overwhelmingly for the Credit Cardholders' Bill of Rights, a measure banks complain will tighten the amount of credit available and make holding a card more expensive. The Senate is...http://www.newser.com/story/57698/house-approves-credit-card-reform.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 30 Apr 2009 16:44:12 CDThttp://www.newser.com/story/57028/obama-pledges-credit-card-reform.html?utm_source=syn&utm_medium=rss&utm_campaign=tagPresident Obama told senior executives of credit-card firms today that he supports congressional efforts to rein in some of their business practices, the Washington Post reports. Both the House and Senate are working on bills to codify new regulations by the Fed that restrict lenders’ ability to arbitrarily raise interest...http://www.newser.com/story/57028/obama-pledges-credit-card-reform.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 23 Apr 2009 14:44:45 CDThttp://www.newser.com/story/57020/schumer-wants-faster-action-on-credit-cards.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSen. Chuck Schumer is putting pressure on the Fed and the Office of Thrift Supervision to enact restrictions on the business practices of credit card firms more quickly, the New York Daily News reports. The agencies have drafted new rules banning deceptive practices like hidden fees and retroactive rate hikes,...http://www.newser.com/story/57020/schumer-wants-faster-action-on-credit-cards.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 23 Apr 2009 13:49:46 CDThttp://www.newser.com/story/56653/bank-lending-still-down-23-4-months-after-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBanks that received taxpayer aid to restart lending are loaning less than they did before the bailout, a Wall Street Journal analysis finds. The most recent figures available, from February, show a 23% drop in new loans from the lending level in October, when the Treasury Department kicked off TARP,...http://www.newser.com/story/56653/bank-lending-still-down-23-4-months-after-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 20 Apr 2009 8:28:08 CDThttp://www.newser.com/story/51634/cash-poor-collectors-turn-to-haute-pawnshops.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith loans hard to come by, some rich Americans are turning to their art collections for quick cash. Rather than sell in a depressed market, collectors turn to a lightly regulated corner of the marketplace that provides capital in exchange for temporary ownership of artwork. While they may look like...http://www.newser.com/story/51634/cash-poor-collectors-turn-to-haute-pawnshops.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 24 Feb 2009 8:12:00 CSThttp://www.newser.com/story/48243/banks-relish-public-funds-wont-loan-to-public.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBanks are enjoying a public bailout of billions of dollars, but they're not using the funds the way the way they were intended—to loan money to kickstart the economy, reports the New York Times . Banks are using the bucks to pay off debts and, in some cases, acquire companies....http://www.newser.com/story/48243/banks-relish-public-funds-wont-loan-to-public.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun, 18 Jan 2009 7:35:22 CST